๐ฅ๐ฅ๐ฅPeiPei Memecoin Shines: Is it Too Late to Buy $PEIPEI?
๐ KEY TAKEAWAYS:
โข PeiPei coin is a remake of a popular Ethereum memecoin called Pepe.
โข PeiPei debuted on the Uniswap DEX on June 5, 2024. The memecoin closed the day 945% higher.
โข PeiPei was the 290th largest crypto by market cap at the time of writing.
โข Investors look to new and trending memecoins like PeiPei for returns in a rangebound crypto market.
A new memecoin called PeiPei (PEIPEI) is turning heads in the crypto market after surging over 2,700,000% since its June 2024 debut.
PeiPei has bucked broader crypto market trends that have seen heavyweights Bitcoin (BTC) and Ethereum (ETH) drop more than 10% over the past 30 days, as of July 12, 2024.
What is PeiPei coin and is it too late to get in on the rally? Letโs find out.
๐ฅ Origins of PeiPei Coin: What Does PeiPei Mean?
Memecoins do not follow the normal rules of investing. Crypto degens are attracted to memecoins for their lore, community, and speculative gains. Thatโs why it is important to understand the origins of a memecoin.
PeiPei coin is a remake of a popular Ethereum memecoin called Pepe (PEPE). PEPE became the face of a memecoin market frenzy in 2024 that saw the token surge as much as 1225% in the first five months of the year.
PEPE became the top trending memecoin and an instant hit among memecoin investors due to its recognizable mascot Pepe the Frog โ a popular internet meme and a webcomic character from the early 2000s.
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